XRPUSD
Ripple
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About XRPUSD
Payment Network / Remittance
Apr 18, 2011
XRP is a cryptocurrency developed by Ripple Labs, designed to enable fast, low-cost cross-border payments and facilitate global financial transactions. Launched in 2012, it operates on the XRP Ledger, a decentralized blockchain-like distributed ledger technology using a consensus algorithm for validation, avoiding energy-intensive mining. With a total supply of 100 billion tokens, XRP aims to bridge traditional financial systems and digital assets, often used by banks and payment providers for efficient fund transfers. It has faced regulatory scrutiny but remains a top cryptocurrency by market cap, emphasizing speed and scalability in financial interoperability.
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